Inter-American Development Bank and the Rockefeller Foundation Announce Energy Partnership

October 12, 2021
In continuation of efforts to develop novel MDB finance mechanisms on climate change and ongoing discussions with U.S. Treasury Secretary Janet Yellen, the IDB and the Rockefeller Foundation have announced a partnership to jointly support the expansion of energy access, a green energy transition, and job creation in Latin America and the Caribbean.
2021-10-12

IDB study about more energy efficient public policies

March 23, 2021
Publication describes the determinants of energy consumption and its evolution in the region’s households Energy services represent the second most important expense in household budgets in Latin America and the Caribbean (LAC), surpassed only by food, according to a new study conducted by the Inter-American Development Bank. One out of every 10 dollars spent by Latin Americans goes toward paying energy bills.
2021-03-23

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “
2021-03-21

IDB Launches Infrastructure Data Observatories

September 24, 2020
The energy, transport, and water and sanitation observatories will increase the availability of reliable data in Latin America and the Caribbean The Inter-American Development Bank (IDB) will launch three data observatories to plan infrastructure investments and speed up development in Latin America and the Caribbean. The observatories, jointly developed with other international partners, will provide access to reliable and up-to-date data in the water and sanitation, energy, and transportation sectors.
2020-09-24

IDB, CAF, FONPLATA launch alliance for regional integration

August 03, 2020
The Inter-American Development Bank (IDB), CAF –development bank of Latin America–, and FONPLATA announced the launching of their Alliance for the Integration and Development of Latin America and the Caribbean (ILAT) to provide technical and financial support to integration projects and generate knowledge and applied technology.
2020-08-03

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

August 09, 2018
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

Mexico to increase geothermal energy generation with IDB support

August 06, 2018
US$108.6 million loan will help diversify the country’s energy matrix and reduce its dependence on fossil fuels The Inter-American Development Bank (IDB) has approved a modification of a loan totaling US$108.6 million that aims to increase private investment in electricity generation projects from geothermal sources, putting at the developers’ disposal a number of financial mechanisms tailored to meet the specific needs of each project at every step of their development.